Thursday, June 25, 2015

All eyes on Meru as it holds global investment forum

Council of Governors Chairman Peter Munya
Council of Governors Chairman Peter Munya (left) with Nation Media Group Chief Executive Officer Linus Gitahi during a meeting between the council and the Kenya National Chamber of Commerce and Industry at Alba Hotel in Meru on June 24, 2015. PHOEBE OKALL | NATION MEDIA GROUP 
By NATION CORRESPONDENT
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The Meru international investment conference, which starts Thursday, is focusing on energy, water, infrastructure and agro-processing.
The meeting has attracted investors from Germany, China, Malaysia, USA and South Africa.
The county expects to tap investments worth about Sh250 billion.
Among key speakers lined up for the first day of the event are Malaysian Ambassador to Kenya,  British Chamber of Commerce and Industry Chairman Graham Shaw, Kenya Investment Authority, KenGen chief Albert Mugo, Kenya Power Managing Director Ben Chumo, Energy Regulatory Commission Director General Joseph Ng’ang’a and Lapsset chief executive Sylvester Kasuku.
CURTAIN RAISED
The conference was curtain-raised by a media breakfast organised by the Media Council, Kenya National Chamber of Commerce and Industry and the Council of Governors.
The forum was attended by seven governors, outgoing Nation Media Group chief executive Linus Gitahi and Editors Guild Chairman Linus Kaikai.
KNCCI’s Kiprono Kittony said the chamber was ready to work with county governments in increasing investments in devolved units.
“We need to see counties doing more business among themselves. The biggest challenge we have in Africa is that Africans do not trade with fellow Africans. How much trade is taking place across the counties? As the Chamber of Commerce and Industry, we are committed to providing the platform to improve trade,” said Mr Kittony.
Council of Governors Chairman Peter Munya said devolved units had ensured thriving business.
Stories by Kennedy Kimanthi and David Machui

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